58-Story Condo Tower Planned in Austin
AUSTIN – Austin developers have announced plans for The Independent, a proposed 58-story residential tower that reportedly would be the tallest building in Austin and...
Category : Breaking News
Fracking Firm Reworks Its HQ Lease in Energy Corridor
HOUSTON – Carbo Ceramics, which supplies ceramic proppant (resin-coated sand) to fracking wells in the shale oilfields, has re-worked its headquarters lease in the Energy...
Home Sales in Houston Up 3.8 Percent in March
HOUSTON – Home sales in Houston were strong in March, as a downturn in the energy industry failed to inflict serious damage to the housing...
Hanover Building 375 Units in Buckhead
ATLANTA – Houston-based Hanover Co. is developing a 375-unit multifamily project in the Buckhead district of Atlanta. The 335,000-square-foot project, to be located on Buckhead...
New Kind of Starbucks to be Unveiled in Hilton Americas – Serving Beer/Wine
HOUSTON – The 1,200-room Hilton Americas-Houston is opening a gigantic Starbucks that will one of the first Starbucks to offer the new “Starbucks Evening” service...
Hines/Oaktree JV Buys 1 Million SF of Office Space in Calif.
SAN BERNARDINO, Calif. – A joint venture of Houston-based Hines and a fund managed by Oaktree Capital Management has acquired Tri-City Corporate Centre, a portfolio...
CenterPoint Properties Buys 27 Houston Buildings
HOUSTON – Continuing a Houston buying spree, CenterPoint Properties has acquired a 27-building industrial portfolio with 3.6 million square feet of Houston warehouse space. The...
Japanese Builder Acquires 3,400 Acres to be Developed by Newland
AUSTIN – A Japanese builder has acquired the remaining land in master planned communities in Austin, Dallas and Denver – some 3,400 acres from Wheelock...
Perot’s Company Hillwood Starts Major Calif. Project
SAN BERNARDINO, Calif. – Hillwood Investment Properties, part of the Ross Perot Jr.’s Dallas-based organization, is developing a 1.1 million-square-foot industrial distribution center in San Bernardino,...
German Investor Finalizes Its Purchase of 1000 Main Tower in Houston for $440M
HOUSTON – Germany-based Union Investment announced it has finalized the purchase of the 36-story 1000 Main office tower in downtown Houston for approximately $440 million...